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Carthage, TX

Full City Profile · Texas · Panola County County

3.0 /5.0
B Good
6,568 Population 616/sq mi density
$44,738 Median Income $34,611 per capita
$153,100 Home Value $192,165 Zillow
$737 Median Rent 29.1% income on rent
65°F Avg Temperature 304 sunny days/yr
601 Violent Crime/100K 2,881 property/100K
B
Overall
3.0 / 5.0
Good overall score based on economy, affordability, safety and education
B+
Economy
3.7 / 5.0
$44,738 median income, 0.8% unemployment
A+
Affordability
4.8 / 5.0
$153,100 home value, $737/mo rent
F
Safety
1.0 / 5.0
601 violent crimes/100K (58% above avg)
C
Education
2.4 / 5.0
17.0% bachelor's degree or higher

Income Overview

Median Household Income
$44,738
40% below
US avg: $75,149
Per Capita Income
$34,611
11% below
US avg: $39,052
Unemployment Rate
0.8%
78% below
US avg: 3.6%
Poverty Rate
8.5%
31% below
US avg: 12.4%

Income Comparison: Carthage vs. U.S. Average

Each bar shows Carthage’s value as a percentage of the national average (100% line = U.S. avg)

Median Household
US: $75,149
$44,738
60%
Per Capita
US: $39,052
$34,611
89%
IRS Avg AGI
US: $72,000
$72,754
101%
Avg Weekly Wage
US: $1,432
$1,142
80%
Thin line = U.S. average (100%)

Employment & Commute

Avg Weekly Wage
$1,142
20% below US avg ($1,432)
Mean Commute Time
22 min
22% below US avg (28 min)
Work From Home
2.4%
84% below US avg (15.2%)
Drive Alone
83.7%
14% above US avg (73.2%)
Public Transit
0.2%
97% below US avg (5.0%)
County GDP
$2,361M
County-level GDP (BEA 2024)

How Residents Get to Work

Drive Alone 83.7%
Public Transit 0.2%
Work From Home 2.4%
Other 13.7%
Average commute time
22 minutes
US avg: 28 min

Business Landscape

Total Establishments
559
Restaurants
39
Healthcare
33
Retail
66
Manufacturing
14

Tax & Financial

IRS Avg Adjusted Gross Income
$72,754
1% above US avg ($72,000)
Avg Property Tax
$4,259
22% above US avg ($3,500)
Cost of Living Index
97.1
Below national average (100 = US avg)

Complete Economy Data

Income & Wages

Median Household Income$44,738
Per Capita Income$34,611
IRS Avg Adjusted Gross Income$72,754
Avg Weekly Wage$1,142
County GDP$2,361M

Hardship Indicators

Unemployment Rate0.8%
Poverty Rate8.5%
Gini Coefficient0.485
Cost of Living Index97.1

Commute

Mean Commute22 minutes
Drive Alone83.7%
Public Transit0.2%
Work From Home2.4%

Businesses

Total Establishments559
Restaurants39
Healthcare33
Retail66
Manufacturing14

Tax

IRS Avg AGI$72,754
Avg Property Tax$4,259